教育背景

律师资格

Scott D. Talmadge is a Partner in the Bankruptcy & Restructuring Department. He has practiced in the areas of bankruptcy, finance and commercial litigation for more than 25 years. Scott is recognized in New York by Chambers USA 2015 for Bankruptcy/Restructuring.

Scott focuses on creditors’ rights, commercial litigation and secured and unsecured lending transactions, with particular emphasis on restructuring and bankruptcy issues. He has represented creditors in both state and federal court proceedings, including actions to collect outstanding debt, enforce and foreclose upon collateral, and to seize collateral at the outset of a proceeding. Scott has represented syndicate agents, ad hoc lender groups and individual lenders in secured and unsecured transactions, participants in leveraged lease structures, commercial landlords, official creditors’ committees and Chapter 7 trustees.

Representative Matters

Ad hoc group of term lenders in the restructuring of a US$2.1 billion credit facility extended to Arch Coal, Inc. Kaye Scholer devised a strategy to oppose an exchange offer proposed by Arch Coal with its senior noteholders that would have resulted in significant dilution of the term lenders’ position. The company and the term lenders subsequently entered into a plan support agreement and the company commenced a Chapter 11 proceeding.

Term lenders and syndicate agent in Paragon Offshore, Inc. in a Chapter 11 proceeding. The term lenders are actively opposing confirmation of the debtors’ plan of reorganization.

Administrative agent for the ABL lenders in the RadioShack Chapter 11 case involving the sale of the collateral, payment in full to the ABL lenders and ensuing intercreditor litigation.

Syndicate agent and steering committee in the consensual restructuring of a US$795 million credit facility extended to a global outsourcing and data management company. Following the restructuring, the entity was de-leveraged by approximately US$500 million.

Syndicate agent and steering committee in the restructuring and ultimate payment in full of a US$555 million credit facility extended to Preferred Proppants, LLC, a North American mining company. The case was recognized by Turnaround & Workouts as a 2014 Top Restructuring.

Multiple financial institutions with over 80 aircraft in leveraged lease transactions and secured loans to American Airlines in the AMR Corporation Chapter 11 case.

Administrative agent and steering committee in the restructuring of US$825 million of first and second lien loans extended to Natural Products Group (NPG). Through a pre-packaged bankruptcy, the first lien pre-petition lenders acquired a majority of the equity of the reorganized entity. NPG was voted Restructuring Deal of the Year (Large Middle Market) in 2011.

Administrative agentfor a syndicate of lenders in the American Home Mortgage Chapter 11 case.